Stock Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
Acumen Pharmaceuticals, Inc. (NASDAQ:ABOS)
Sidelines Mode (-55) - ABOS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ABOS?
MarketClub looks at technical strength and momentum to determine if the timing is right for ABOS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ABOS
The long-term trend has been DOWN since Sep 22nd, 2023 at 4.5700
The intermediate-term trend has been DOWN since Aug 16th, 2023 at 6.5818
The short-term trend has been UP since Nov 30th, 2023 at 2.3850
Smart Scan Analysis for ABOS
Based on our trend formula, ABOS is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.3099||52wk High Date||2023-07-17|
|52wk Low||1.8101||52wk Low Date||2023-11-10|
|Average Volume||583,487||Shares Outstanding||57,910|